Ghana Forecast: Consumer Price Index Growth

1980 - 2021 | Yearly | % | International Monetary Fund

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Ghana’s Consumer Price Index Growth is forecasted to be 9.653 % in Dec 2020 as reported by International Monetary Fund. It records a decrease from the last reported number of 7.208 % in Dec 2019. Looking ahead, Ghana’s Consumer Price Index Growth is projected to stand at 8.547 % in Dec 2021. The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Consumer Price Index: Average Consumer Price: YoY.

What is Ghana's Forecast: Consumer Price Index Growth in 2021?

Last Previous Min Max Unit Frequency Range

8.547

% 2021 yearly 1980 - 2021

9.653

% 2020 yearly 1980 - 2021

6.698

2010

122.245

1983

%

yearly

1980 - 2021

Updated on 28 Apr 2020

Forecast: Consumer Price Index Growth by Country Comparison

Buy this table Includes Forecast: Consumer Price Index Growth for ALL Countries/Regions: countries Instant access to full history data in excel
All Countries/Regions
Asia and Oceania
Europe and Central Asia
Middle East and Africa
North and South America
Country/Region Last Frequency Range
Afghanistan (%)

4.451

2021

yearly

2003 - 2021

Albania (%)

2.750

2021

yearly

1990 - 2021

Algeria (%)

3.700

2021

yearly

1980 - 2021

Angola (%)

22.282

2021

yearly

1980 - 2021

Antigua and Barbuda (%)

1.685

2021

yearly

1980 - 2021

Argentina (%)

53.548

2019

yearly

1998 - 2019

Armenia (%)

2.028

2021

yearly

1993 - 2021

Australia (%)

1.823

2021

yearly

1980 - 2021

Austria (%)

1.699

2021

yearly

1980 - 2021

Azerbaijan (%)

3.200

2021

yearly

1993 - 2021

Bahamas (%)

2.795

2021

yearly

1980 - 2021

Bahrain (%)

2.500

2021

yearly

1980 - 2021

Bangladesh (%)

5.555

2021

yearly

1980 - 2021

Barbados (%)

1.615

2021

yearly

1980 - 2021

Belarus (%)

5.593

2021

yearly

1993 - 2021

Belgium (%)

1.090

2021

yearly

1980 - 2021

Belize (%)

1.402

2021

yearly

1980 - 2021

Benin (%)

0.600

2021

yearly

1980 - 2021

Bhutan (%)

3.482

2021

yearly

1980 - 2021

Bolivia (%)

4.352

2021

yearly

1980 - 2021

Bosnia and Herzegovina (%)

1.373

2021

yearly

1997 - 2021

Botswana (%)

2.581

2021

yearly

1980 - 2021

Brazil (%)

3.305

2021

yearly

1980 - 2021

Brunei (%)

0.971

2021

yearly

1983 - 2021

Bulgaria (%)

1.948

2021

yearly

1981 - 2021

Burkina Faso (%)

2.100

2021

yearly

1980 - 2021

Burundi (%)

6.000

2021

yearly

1980 - 2021

Cambodia (%)

1.891

2021

yearly

1987 - 2021

Cameroon (%)

2.250

2021

yearly

1980 - 2021

Canada (%)

1.261

2021

yearly

1980 - 2021

Cape Verde (%)

1.400

2021

yearly

1980 - 2021

Central African Republic (%)

2.536

2021

yearly

1980 - 2021

Chad (%)

2.905

2021

yearly

1980 - 2021

Chile (%)

2.926

2021

yearly

1980 - 2021

China (%)

2.551

2021

yearly

1981 - 2021

Colombia (%)

3.211

2021

yearly

1980 - 2021

Comoros (%)

2.100

2021

yearly

1980 - 2021

Congo, Republic of (%)

2.638

2021

yearly

1980 - 2021

Costa Rica (%)

2.252

2021

yearly

1980 - 2021

Croatia (%)

1.181

2021

yearly

1993 - 2021

Cyprus (%)

1.000

2021

yearly

1980 - 2021

Czech Republic (%)

2.000

2021

yearly

1996 - 2021

Congo, Democratic Republic of (%)

10.500

2021

yearly

1980 - 2021

Denmark (%)

1.200

2021

yearly

1980 - 2021

Djibouti (%)

2.757

2021

yearly

1992 - 2021

Dominica (%)

1.882

2021

yearly

1980 - 2021

Dominican Republic (%)

3.603

2021

yearly

1980 - 2021

Ecuador (%)

1.163

2021

yearly

1980 - 2021

Egypt (%)

8.230

2021

yearly

1980 - 2021

El Salvador (%)

0.600

2021

yearly

1980 - 2021

Equatorial Guinea (%)

1.653

2021

yearly

1981 - 2021

Eritrea (%)

2.449

2021

yearly

1993 - 2021

Estonia (%)

2.000

2021

yearly

1994 - 2021

Eswatini (%)

4.488

2021

yearly

1980 - 2021

Ethiopia (%)

9.146

2021

yearly

1980 - 2021

Fiji (%)

1.500

2021

yearly

1980 - 2021

Finland (%)

1.676

2021

yearly

1980 - 2021

France (%)

0.699

2021

yearly

1980 - 2021

Gabon (%)

3.000

2021

yearly

1980 - 2021

Gambia (%)

6.043

2021

yearly

1980 - 2021

Georgia (%)

3.693

2021

yearly

1997 - 2021

Germany (%)

1.183

2021

yearly

1980 - 2021

Ghana (%)

8.547

2021

yearly

1980 - 2021

Greece (%)

1.015

2021

yearly

1980 - 2021

Grenada (%)

1.216

2021

yearly

1980 - 2021

Guatemala (%)

1.781

2021

yearly

1980 - 2021

Guinea (%)

8.000

2021

yearly

1980 - 2021

Guinea-Bissau (%)

1.500

2021

yearly

1980 - 2021

Guyana (%)

3.005

2021

yearly

1980 - 2021

Haiti (%)

21.318

2021

yearly

1980 - 2021

Honduras (%)

2.978

2021

yearly

1980 - 2021

Hong Kong SAR, China (%)

2.500

2021

yearly

1980 - 2021

Hungary (%)

3.171

2021

yearly

1980 - 2021

Iceland (%)

2.500

2021

yearly

1980 - 2021

India (%)

3.624

2021

yearly

1980 - 2021

Indonesia (%)

2.937

2021

yearly

1980 - 2021

Iran (%)

33.500

2021

yearly

1980 - 2021

Iraq (%)

1.000

2021

yearly

2005 - 2021

Ireland (%)

1.700

2021

yearly

1980 - 2021

Israel (%)

0.543

2021

yearly

1980 - 2021

Italy (%)

0.655

2021

yearly

1980 - 2021

Ivory Coast (%)

1.400

2021

yearly

1980 - 2021

Jamaica (%)

5.150

2021

yearly

1980 - 2021

Japan (%)

0.379

2021

yearly

1980 - 2021

Jordan (%)

1.600

2021

yearly

1980 - 2021

Kazakhstan (%)

6.766

2021

yearly

1993 - 2021

Kenya (%)

5.000

2021

yearly

1980 - 2021

Kiribati (%)

1.728

2021

yearly

1980 - 2021

South Korea (%)

0.449

2021

yearly

1980 - 2021

Kosovo (%)

1.551

2021

yearly

2001 - 2021

Kuwait (%)

2.300

2021

yearly

1980 - 2021

Kyrgyzstan (%)

7.174

2021

yearly

1993 - 2021

Laos (%)

4.900

2021

yearly

1980 - 2021

Latvia (%)

3.023

2021

yearly

1993 - 2021

Lebanon (%)

17.002

2020

yearly

1980 - 2020

Lesotho (%)

3.600

2021

yearly

1980 - 2021

Liberia (%)

13.500

2021

yearly

2000 - 2021

Libya (%)

15.119

2021

yearly

1980 - 2021

Lithuania (%)

1.670

2021

yearly

1996 - 2021

Luxembourg (%)

1.478

2021

yearly

1980 - 2021

Macau SAR, China (%)

2.300

2021

yearly

2002 - 2021

North Macedonia (%)

0.833

2021

yearly

1993 - 2021

Madagascar (%)

6.500

2021

yearly

1980 - 2021

Malawi (%)

10.708

2021

yearly

1980 - 2021

Malaysia (%)

2.792

2021

yearly

1980 - 2021

Maldives (%)

1.475

2021

yearly

1980 - 2021

Mali (%)

1.500

2021

yearly

1980 - 2021

Malta (%)

1.933

2021

yearly

1980 - 2021

Marshall Islands (%)

2.245

2021

yearly

2004 - 2021

Mauritania (%)

4.500

2021

yearly

1991 - 2021

Mauritius (%)

6.967

2021

yearly

1980 - 2021

Mexico (%)

2.782

2021

yearly

1980 - 2021

Micronesia (%)

2.000

2021

yearly

1996 - 2021

Moldova (%)

2.255

2021

yearly

1993 - 2021

Mongolia (%)

6.500

2021

yearly

1991 - 2021

Montenegro (%)

0.880

2021

yearly

2000 - 2021

Morocco (%)

1.300

2021

yearly

1980 - 2021

Mozambique (%)

5.706

2021

yearly

1980 - 2021

Myanmar (%)

6.267

2021

yearly

1998 - 2021

Namibia (%)

3.163

2021

yearly

1991 - 2021

Nepal (%)

6.749

2021

yearly

1980 - 2021

Netherlands (%)

1.154

2021

yearly

1981 - 2021

New Zealand (%)

1.382

2021

yearly

1980 - 2021

Nicaragua (%)

3.956

2021

yearly

1980 - 2021

Niger (%)

1.700

2021

yearly

1980 - 2021

Nigeria (%)

12.370

2021

yearly

1996 - 2021

Norway (%)

2.200

2021

yearly

1980 - 2021

Oman (%)

3.400

2021

yearly

1980 - 2021

Pakistan (%)

7.997

2021

yearly

1980 - 2021

Palau (%)

1.500

2021

yearly

2001 - 2021

Panama (%)

0.498

2021

yearly

1980 - 2021

Papua New Guinea (%)

5.921

2021

yearly

1980 - 2021

Paraguay (%)

3.158

2021

yearly

1980 - 2021

Peru (%)

1.789

2021

yearly

1980 - 2021

Philippines (%)

2.882

2021

yearly

1980 - 2021

Poland (%)

2.580

2021

yearly

1980 - 2021

Portugal (%)

1.350

2021

yearly

1980 - 2021

Qatar (%)

2.412

2021

yearly

1980 - 2021

Romania (%)

1.455

2021

yearly

1980 - 2021

Russia (%)

2.988

2021

yearly

1993 - 2021

Rwanda (%)

5.400

2021

yearly

1980 - 2021

Saint Kitts and Nevis (%)

1.672

2021

yearly

1980 - 2021

Saint Lucia (%)

1.822

2021

yearly

1980 - 2021

Saint Vincent and the Grenadines (%)

1.628

2021

yearly

1980 - 2021

Samoa (%)

1.550

2021

yearly

1980 - 2021

San Marino (%)

1.470

2021

yearly

2003 - 2021

Sao Tome and Principe (%)

6.962

2021

yearly

1980 - 2021

Saudi Arabia (%)

1.961

2021

yearly

1980 - 2021

Senegal (%)

1.921

2021

yearly

1980 - 2021

Serbia (%)

1.938

2021

yearly

1998 - 2021

Seychelles (%)

3.131

2021

yearly

1980 - 2021

Sierra Leone (%)

15.250

2021

yearly

1980 - 2021

Singapore (%)

0.512

2021

yearly

1980 - 2021

Slovakia (%)

1.446

2021

yearly

1994 - 2021

Slovenia (%)

1.408

2021

yearly

1993 - 2021

Solomon Islands (%)

2.996

2021

yearly

1980 - 2021

South Africa (%)

3.163

2021

yearly

1980 - 2021

Spain (%)

0.654

2021

yearly

1980 - 2021

Sri Lanka (%)

4.650

2021

yearly

1980 - 2021

Sudan (%)

91.123

2021

yearly

1980 - 2021

Suriname (%)

22.748

2021

yearly

1980 - 2021

Sweden (%)

1.528

2021

yearly

1980 - 2021

Switzerland (%)

0.597

2021

yearly

1980 - 2021

Syria (%)

4.398

2010

yearly

1980 - 2010

Taiwan (%)

1.500

2021

yearly

1980 - 2021

Tajikistan (%)

6.926

2021

yearly

1993 - 2021

Tanzania (%)

4.262

2021

yearly

1980 - 2021

Thailand (%)

0.563

2021

yearly

1980 - 2021

Timor-Leste (%)

1.950

2021

yearly

2001 - 2021

Togo (%)

2.000

2021

yearly

1980 - 2021

Tonga (%)

1.183

2021

yearly

1980 - 2021

Trinidad and Tobago (%)

1.279

2021

yearly

1980 - 2021

Tunisia (%)

4.897

2021

yearly

1980 - 2021

Turkey (%)

12.000

2021

yearly

1980 - 2021

Turkmenistan (%)

6.000

2021

yearly

1993 - 2021

Tuvalu (%)

2.620

2021

yearly

2001 - 2021

Uganda (%)

4.848

2021

yearly

1980 - 2021

Ukraine (%)

7.181

2021

yearly

1993 - 2021

United Arab Emirates (%)

1.500

2021

yearly

1980 - 2021

United Kingdom (%)

1.545

2021

yearly

1980 - 2021

United States (%)

2.238

2021

yearly

1980 - 2021

Uruguay (%)

7.870

2021

yearly

1980 - 2021

Uzbekistan (%)

10.610

2021

yearly

1993 - 2021

Vanuatu (%)

1.773

2021

yearly

1980 - 2021

Venezuela (%)

15,000.000

2021

yearly

1980 - 2021

Vietnam (%)

3.900

2021

yearly

1980 - 2021

Yemen (%)

5.000

2021

yearly

1991 - 2021

Zambia (%)

12.050

2021

yearly

1980 - 2021

Zimbabwe (%)

3.700

2021

yearly

1981 - 2021

Ghana Key Series

Buy this table Includes All Indicators: series Instant access to full history data in excel
All Indicators
National Accounts
Production
Government and Public Finance
Demographic and Labour Market
Domestic Trade and Household Survey
Inflation
Foreign Trade
Balance of Payments
Monetary
Banking Statistics
Interest and Foreign Exchange Rates
Business and Economic Survey
Financial Market
Transport and Telecommunications
National Accounts Last Frequency Range
Nominal GDP (USD mn)

15,342.5

Jun 2020

quarterly

Mar 2006 - Jun 2020

Nominal GDP Growth (%)

1.715

Jun 2020

quarterly

Mar 2007 - Jun 2020

GDP per Capita (USD)

2,212.100

2019

yearly

1960 - 2019

GDP Deflator Growth (%)

5.1

Jun 2020

quarterly

Mar 2007 - Jun 2020

Investment: % of GDP (%)

26.4

2019

yearly

2006 - 2019

Gross Fixed Capital Formation (USD mn)

13,118.878

2019

yearly

2006 - 2019

Gross Savings Rate (%)

22.1

2019

yearly

2006 - 2019

Forecast: GDP PPP Per Capita (PPP Intl $)

8,727.724

2024

yearly

1980 - 2024

Forecast: Nominal GDP Per Capita (USD)

2,681.524

2024

yearly

1980 - 2024

Forecast: Real GDP Growth (%)

5.868

2021

yearly

1980 - 2021

Total Trade of Goods & Services: % of Nominal GDP (%)

71.378

2019

yearly

1955 - 2019

Production Last Frequency Range
Minerals Production (Metric Ton)

12,581,932.000

2018

yearly

2009 - 2018

Gold Production (kg)

130,000.000

2019

yearly

1990 - 2019

Silver Production (Metric Ton)

2.000

2016

yearly

1990 - 2016

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%)

-4.9

Mar 2020

quarterly

Dec 2008 - Mar 2020

Consolidated Fiscal Balance (USD mn)

-1,074.460

Jun 2020

monthly

Jan 2008 - Jun 2020

Tax Revenue: % of GDP (%)

9.5

Mar 2020

quarterly

Mar 2008 - Mar 2020

Government Debt: % of GDP (%)

63.0

2019

yearly

2006 - 2019

Forecast: Government Expenditure (GHS bn)

131.940

2024

yearly

1980 - 2024

Forecast: Government Net Debt (GHS bn)

381.528

2024

yearly

1990 - 2024

Forecast: Government Revenue (GHS bn)

101.565

2024

yearly

1982 - 2024

Demographic and Labour Market Last Frequency Range
Employed Persons (Person)

9,270,939.000

2015

yearly

2013 - 2015

Monthly Earnings (USD)

242

2015

yearly

2013 - 2015

Labour Productivity Growth (%)

4.15

2019

yearly

1992 - 2019

Forecast: Population (Person mn)

33.743

2024

yearly

1980 - 2024

Forecast: Employment (Person mn)

0.000

yearly

-

Forecast: Unemployment Rate (%)

0.000

yearly

-

Domestic Trade and Household Survey Last Frequency Range
Motor Vehicles Sales (Unit)

5,700

2019

yearly

2005 - 2019

Motor Vehicles Sales Growth (%)

-19.4

2019

yearly

2006 - 2019

Motor Vehicle Sales: Commercial Cars (Unit)

2,306.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Motor Vehicle Sales: Passenger Cars (Unit)

3,394.000

Dec 2019

semiannually

Dec 2005 - Dec 2019

Consumer Confidence Growth (%)

-9.0

Jun 2020

monthly

Oct 2013 - Jun 2020

Household Expenditure per Capita (USD)

1,161.488

2018

yearly

2006 - 2018

Inflation Last Frequency Range
Consumer Price Index CPI Growth (%)

10.5

Aug 2020

monthly

Mar 1964 - Aug 2020

CPI: Food and Non Alcoholic Beverage Change (%)

6.845

Jun 2019

quarterly

Dec 1998 - Jun 2019

Producer Price Index Growth (%)

9.0

Aug 2020

monthly

Oct 2007 - Aug 2020

Forecast: Consumer Price Index Growth (%)

8.547

2021

yearly

1980 - 2021

Foreign Trade Last Frequency Range
Aluminum: Exports (USD th)

102,008.620

2019

yearly

1995 - 2019

Exports: Medicinal and Pharmaceutical Product (USD th)

172.937

2019

yearly

1995 - 2019

Forecast: Exports of Goods Growth (%)

4.846

2024

yearly

1980 - 2024

Exports: Medicament (USD th)

3,026.757

2019

yearly

1995 - 2019

Imports: Medicament (USD th)

193,560.556

2019

yearly

1995 - 2019

Imports: Medicinal and Pharmaceutical Product (USD th)

64,482.209

2019

yearly

1995 - 2019

Total Exports to USA (USD mn)

139.561

May 2020

monthly

Feb 1985 - May 2020

Total Imports from USA (USD mn)

54.202

May 2020

monthly

Jun 1995 - May 2020

Total Exports to China (USD mn)

352.587

May 2020

monthly

May 1995 - May 2020

Total Imports from China (USD mn)

112.052

May 2020

monthly

Jun 1986 - May 2020

Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn)

2.9

Dec 2018

quarterly

Mar 2011 - Dec 2018

Current Account Balance (USD mn)

199.9

Mar 2020

quarterly

Mar 2005 - Mar 2020

Current Account Balance: % of GDP (%)

1.2

Mar 2020

quarterly

Mar 2006 - Mar 2020

Foreign Direct Investment: % of GDP (%)

3.0

Dec 2018

quarterly

Mar 2011 - Dec 2018

Foreign Portfolio Investment (USD mn)

-106.753

Dec 2018

quarterly

Mar 2011 - Dec 2018

Foreign Portfolio Investment: % of GDP (%)

-0.6

Dec 2018

quarterly

Mar 2011 - Dec 2018

Foreign Portfolio Investment: Equity Securities (USD mn)

18.1

2010

yearly

1975 - 2010

Foreign Portfolio Investment: Debt Securities (USD mn)

-106.753

Dec 2018

quarterly

Mar 2011 - Dec 2018

External Debt: % of GDP (%)

30.4

2019

yearly

1999 - 2019

Forecast: Current Account Balance (USD bn)

-1.815

2024

yearly

1980 - 2024

Net International Investment Position (USD mn)

-26,753.416

2018

yearly

2006 - 2018

Monetary Last Frequency Range
Non Performing Loans Ratio (%)

15.7

Jun 2020

quarterly

Dec 2005 - Jun 2020

Non-Performing Loans (USD mn)

1,162.626

Dec 2019

quarterly

Mar 2008 - Dec 2019

M2 Growth (%)

22.1

Jun 2020

quarterly

Mar 1991 - Jun 2020

Foreign Exchange Reserves (USD mn)

7,604.0

Jul 2020

monthly

Jan 1965 - Jul 2020

Foreign Exchange Reserves: % of GDP (%)

12.021

Jun 2020

quarterly

Dec 2006 - Jun 2020

Foreign Exchange Reserves: Months of Import (NA)

6.4

Jun 2020

monthly

Mar 2005 - Jun 2020

Total Deposits Growth (%)

19.3

Jun 2020

monthly

Dec 2005 - Jun 2020

Domestic Credit (USD mn)

18,273.6

Apr 2020

monthly

Jan 1967 - Apr 2020

Domestic Credit Growth (%)

35.9

Apr 2020

monthly

Jan 1968 - Apr 2020

Total Loans (USD mn)

9,228.982

Jun 2020

monthly

Dec 2011 - Jun 2020

Total Loans Growth (%)

13.77

Jun 2020

monthly

Dec 2012 - Jun 2020

Private Debt: % of Nominal GDP (%)

11.10

Mar 2020

quarterly

Dec 2013 - Mar 2020

Banking Statistics Last Frequency Range
Liquid Assets Ratio (%)

59.3

Dec 2019

quarterly

Mar 2008 - Dec 2019

Capital Adequacy Ratio (%)

21.3

Jun 2020

monthly

Dec 2005 - Jun 2020

Interest and Foreign Exchange Rates Last Frequency Range
Exchange Rate against USD (GHS/USD)

5.682

Aug 2020

monthly

Jan 1957 - Aug 2020

Policy Rate (% pa)

14.50

Aug 2020

monthly

Nov 2002 - Aug 2020

Business and Economic Survey Last Frequency Range
Business Confidence Growth (%)

-6.5

Jun 2020

monthly

Dec 2013 - Jun 2020

Financial Market Last Frequency Range
Equity Market Index (31Dec2010=1000)

1,846.6

Aug 2020

monthly

Jan 2011 - Aug 2020

Market Capitalization: % of GDP (%)

16.3

2019

yearly

2008 - 2019

Market Capitalization (USD mn)

9,246.152

Aug 2020

monthly

Oct 2008 - Aug 2020

Transport and Telecommunications Last Frequency Range
Motor Vehicle Registered (Unit th)

890.000

2015

yearly

2005 - 2015

Container Port Throughput (TEU)

1,009,400.000

2018

yearly

2008 - 2018

Liner Shipping Connectivity Index (2004=100)

18.500

2018

yearly

2004 - 2018

Number of Subscriber Fixed Line (Unit)

288,531.000

2019

yearly

1965 - 2019

Number of Subscriber Mobile (Person)

40,857,077.000

2019

yearly

1960 - 2019

Teledensity: Fixed Line (Number)

0.949

2019

yearly

1965 - 2019

Teledensity: Mobile (Number)

134.319

2019

yearly

1960 - 2019

Exports: ICT Goods (USD th)

43,815.755

2018

yearly

2000 - 2018

Exports: Telecommunication Equipment (USD th)

13,421.478

2019

yearly

1995 - 2019

Exports: Television (USD th)

214.154

2019

yearly

1995 - 2019

Imports: ICT Goods (USD th)

284,113.583

2018

yearly

2000 - 2018

Imports: Telecommunication Equipment (USD th)

181,302.388

2019

yearly

1995 - 2019

Imports: Television (USD th)

59,144.982

2019

yearly

1995 - 2019

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